I invested in 5000 units of ARM Discovery Fund in 2008 at N1.50 each or thereabouts and opted to reinvest the dividends too. I want to know how many units it has grown to and what is the current value of what I have now.
When neophytes tell the populace their experiences about capital market investing, veterans like us laugh it off and take it with a pinch of salt. The reason is simple. Our experience in the capital market helps guide our investment decisions.
Before we make a move, a lot of hours have been put into research into the company's history, performance, management and the environment where it operates.
Second is the favourite question ❓ what is our goal of investing on the company? We ask ourselves why are we investing, whether to trade it after it appreciates or keep for the short and medium term or long term. Some of us want to acquire those shares or equities in order to have a seat in the management board of that company or a complete takeover.
Third is how do we achieve the second goal and what strategies will we put in place to succeed in that mission. Do we buy in bulk or do we buy gradually till we achieve it.
Fourth what do we intend after we succeed.
Fifth is our exit strategy.
It takes consistent study to understand complex investing. Investing can make you rich when you get good advice that helps you in the right decision and direction and at the same make you poor if you do the opposite.
People made a lot of decisions on impulse and sentiments during the banking consolidation days of unhinged public offering in the late 2000s and got burned.
For me I succeeded in the capital market by investing consistently, setting aside twenty five percent of my salary and putting it in equities each month for close to nine years. I also invested for the long term say twenty years for the purpose of my kids tertiary education. I lost my job midway into my first two kids secondary school education and had to start liquidating some of them to start a bakery equipment business and to keep my keepu family afloat. I also bought some mutual funds too which I don't even remember until my kids stumbled on the share certificates. Oh my! It carried heavy value.
So investing in the capital market can be a business or for a particular purpose. It can be for retirement or just for any purpose set by the buyer.
As for the investment she made in Dangote Flour Mills, the company has been delisted and the shareholders paid off since 2019. She can contact their Registrars to ask for accumulated dividends and capital payoff by sending an email to
Sirchiboy: Men who don't smoke, womanize, watch football, drink or have a woman in their life, what exactly makes you happy or no such man exist? All of you that are not planning to marry, how are you going to cope at old age?
Putting it in mind that the triangle of evil (drinking, smoking and womanizing and lying ) drags a man down the ladder of progress spiritually mentally and physically.
Show me one country in the world, that has left its energy prices to the decision of one single person.
NONE.
Stop making noise. Which monopoly argumejt are you promoting here? NNPC spent $21 billion on dead refineries in ten years and none of them is refining . Instead it resorted to importing the same refined products, controlled the price to over N1000 before Dangote started refining. It also frustrated the products through the NMPDRA calling it toxic until lab tests were used to confirm it's level.
What happens when determination is stronger than limitations?
In this inspiring interview, we meet Titus Special Moses, a university graduate and the founder of Vivir Specialis, a growing footwear brand that creates beautiful shoes, slippers, and sandals. Despite the challenges she has faced, Titus refused to let circumstances define her future. Instead, she turned her passion and creativity into a thriving business.
In this video, she shares her journey, the struggles she overcame, how she started her shoe-making business while still in school, and the lessons that helped her keep moving forward when many people doubted her.
Her story is a powerful reminder that your greatest challenges do not have to stop you from achieving your dreams.
I am a consultant and I can help her raise money from BOI if she fulfils the condition for their loan.
Kaliningrad: 🇺🇸 Donald Trumps administration have sent Ukraine a 28 point peace plan to end the war with and Russia. Zelensky have been urged to accept it. Full list below:
1. Ukraine’s sovereignty affirmed.
2. Russia, Ukraine and Europe sign a non-aggression pact.
3. Russia agrees not to invade neighbors and NATO stops expansion.
4. Russia and NATO launch a de-escalation dialogue.
5. US gives Ukraine post-war security guarantees.
6. Ukraine’s military capped at 600,000 troops.
7. Ukraine amends constitution to renounce NATO membership.
8. No NATO troops in Ukraine, with exceptions for UK-France peacekeepers plan.
9. UK and EU keep fighter jets stationed in Poland.
10. Ukraine loses US guarantees if it invades Russia, Russia faces full sanctions and deal reversal if it invades Ukraine.
11. Ukraine allowed to join the European Union.
12. A global Ukraine Development Fund finances reconstruction and industry.
13. Sanctions on Russia lifted gradually, Russia reenters the G8.
14. 100 billion dollars in frozen Russian assets fund Ukraine’s rebuild, the rest are unfrozen.
15. A US-Russia compliance hotline is created.
16. Russia passes a law enforcing its non-aggression pledge.
17. US and Russia extend the START nuclear treaty.
18. Ukraine renounces nuclear weapons.
19. IAEA takes control of the Zaporozhye plant and power is split equally.
20. Both sides implement tolerance education and ban Nazi ideology.
21. New territorial lines set: Ukraine withdraws from remaining Donetsk and Lugansk, Russia withdraws from Kharkov, Dnepropetrovsk and Sumy, with a demilitarized Donetsk buffer under Russian recognition.
22. Neither side can change borders by force in the future.
23. Russia allows Ukraine to use the Dnieper River commercially.
24. A full civilian, POW and remains exchange takes place.
25. Ukraine holds presidential elections within 100 days.
26. Full amnesty for all parties.
27. The deal becomes legally binding and monitored by a US-led Peace Council.
28. Immediate ceasefire begins once both sides sign, followed by troop withdrawals.
zero8zero: You want Govt to sell three refineries at a scrap?. You no dey fear God.
What's their worth? Between choosing a dead but refurbishable car, a problematic one and a new one which will you choose?
Let's be realistic, we won't be in this dangerous mess if President Yaradua did not reverse the sales of these moribund refineries to Dangote, Otedola and a host of others.
zero8zero: It's in the report, the Govt will hand over to those who will run them on behalf of the Govt, not an outright sale. Even if Govt would sell them off, nobody will buy a decrepit refineries without being repaired.
People will still buy as it is easier to buy an existing one and refurbish than build a new one that takes ten years
ClearFlair: He is someone who is very familiar with North Central Nigeria
So it gives him the knowledge he needs for baseless propaganda. How about the Muslims who are continually being killed at Katsina, Zamfara, Sokoto, Kebbi, Jigawa, Kaduna, Kano, Yobe, Borno which is hardest hit? Muslim worshipers are continually murdered and kidnapped in remote villages and hamlets in the state mentioned and recently Kwara state which is now the centre if their focus. So stop believing this crap. He grew up in Kaduna Town and his preaching is dine across the major cities of Kaduna Katsina and Kano.
festacman: This is a grand plot spearheaded by non indigenous Lagos Yoruba for them to dominate indigenous Lagos Yoruba in their own state.
The only one moment a true Lagos indigene was elected the Speaker of Lagos State House of Assembly, it was swiftly revised and even some indigenous traditional rulers who supported the move were sanctioned and later forgiven when they kowtowed once again in total submission.
Why is Badagry treated like an orphan in Lagos State? When will a true Lagos Indigene: an Awori, an Egun, an indigenous Egba or Ijebu become Lagos State Governor instead of people from other states? Funso William, Musuliu Obanikoro, Jimi Agbaje, etc. were all frustrated. Why should non indigenous Yoruba have access to opportunities in both their true State of Origin and Lagos while Lagos Indigenes eat crumbs in their own state. So many questions.
God never sleeps.
This is where we the indigenes suffer. Ever since Tinubu became the governor, the indigenes have become third class citizens.
Boss thanks for these. You can't exhaust the list. Sir Roger Moore, Tony Curtis and Ian Ogilvy both starred at different times in Leslie Charteris' The Saint and Return of The Saint too.
BUA is almost completing the 200,000 BPD crude oil refinery at Akwa Ibom. The real problem of the sector is the NNPCL and the Regulators who are in favour of imports. If the government had invested in NNPC and expanded it, there will be no talk of monopoly. The question we should be asking ourselves is why are we still importing fuel when we have a local refiner that has excess stock? Why has NNPCL not expanded since inception? What has the government done with $20bn spent on NNPCL in ten years, same amount Dangote invested in his own refinery? Why is the NNPCL the sole importer of fuel under PMB?
They resort to cheap blackmail when punched to the corner. DAPPMAN, PENGASSAN, NUPENG are useless organisations who now serve the interest of any politicians or government in power. I don't recall any of these organisations going on strike demanding that the government makes NNPC and it's subswidiaries work for the sake of the masses of Nigeria. Let the government invite external auditors to go through their books to see what they have been doing with their members financial contributions.
Jashub: Where did you get your findings from ? Because the last time I check Benue and Nassarawa were leading in the highest number of HIV positive states in Nigeria
Abbeytoy: Last year I bought two rams for 300k each. I do not really like it, but I had to because of the overpriced goods during the Ileya festival.
But this year is very different. I remember my stepmother, who deals in selling goats, and I asked her if she could assist me in buying Ram this year, though my mom is against it, but I just don't know why my heart just picked her.
I ask her to send me a sample of RAM and the price. Unfortunately, she's in the north to buy her goods, so she sends different samples and prices, but because my mom is reluctant to let me deal with her, I send her 500k to buy me RAM, and I have it in mind to buy another one here if I am not comfortable with it.
Yesterday, she called me to say that she's around and I should come pick up my Rams. Lo and behold, this is what she bought for me at 500k.
They're even bigger than the one I bought for 300k last year. 3 Rams for 500k looks very unreal, but this is my reality.
I give one to my dad, my mom, and I pick one.
I am so happy at the moment and happy because I do not listen to women's sentiments of rivalry. 🤣😂🤣
Damn cheap. Each of these goes for N250k here in Kaduna.